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Dec 10, 2012
12/12
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if you're out of work, you cannot pay taxes. guest: he is exactly right -- no one is talking about a fiscal cliff that will solve the problem. there is no grand bargain being discussed except in the most general outline terms. there is enough to be -- nothing close to being politically acceptable. we're only talking of something of that will allow people to get through this. in the short term, we need to have fiscal policy that may get the deficit higher than what it would be. ben bernanke was saying the deficit could be cut too far and too fast at the same time. this has to be the time where we don't go into an austerity program. we are not quite there. if businesses are spending and consumers are spending and trade was helping, i would say that is the right time to be doing this. the deficit reduction has to be done in context. host: this is from "the wall street journal"last week -- guest: they are not spending because they are angry at washington but they don't have the demand for their goods and services. that is the way it
if you're out of work, you cannot pay taxes. guest: he is exactly right -- no one is talking about a fiscal cliff that will solve the problem. there is no grand bargain being discussed except in the most general outline terms. there is enough to be -- nothing close to being politically acceptable. we're only talking of something of that will allow people to get through this. in the short term, we need to have fiscal policy that may get the deficit higher than what it would be. ben bernanke was...
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82
Dec 8, 2012
12/12
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we focused on wha tthe tax increase would mean to them. but it would also mean a great deal to the economy as well. it is estimated that this tax cut for the middle-class, if not passed, there will be $200 billion taken out of the economy next year. that will determine how many waitresses are working here, how many people -- how many sales persons there are when you see if you can help your sister with her car at. that will determine whether or not you have a job when you graduate. it is going to make a difference to your kids. they are struggling, working hard on their own. whether your son can go back and get his master's or save what he can to get back. that is going to affect economic growth. what we have going now -- there can be no debate. some of my very conservative friends continue to try to reject it is awful hard for them to accept compromise. the economy is beginning -- continuing to move. having met with all the stakeholders, we have met with a number of ceo's, a number of companies and small business people, labor community,
we focused on wha tthe tax increase would mean to them. but it would also mean a great deal to the economy as well. it is estimated that this tax cut for the middle-class, if not passed, there will be $200 billion taken out of the economy next year. that will determine how many waitresses are working here, how many people -- how many sales persons there are when you see if you can help your sister with her car at. that will determine whether or not you have a job when you graduate. it is going...
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86
Dec 9, 2012
12/12
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president obama troubles monday to an auto plant in michigan to merge congress to extend tax breaks for 998% of americans.
president obama troubles monday to an auto plant in michigan to merge congress to extend tax breaks for 998% of americans.
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Dec 10, 2012
12/12
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it was all the onces you would think that are important, taxes, jobs, out of 12 issues immigration came dead last. it was not a topic for discussion in the election. but, of course, what happened on election night was that more than 70% of latinos voted for president obama. and republicans said that maybe marco rubio is right and maybe we have a problem. i think it is created the possibility for some movement of comprehensive immigration and legislation that will also deal with this more particular issue that you've been talking about today and we'll be talking about that tonight. i say that to commepped the center to see this months ago and realize this is going to be the issue that everyone would want to talk about after the election. now i think all of you know that in washington introductions is an inverse importance of the person being introduced that's why the governor gave me such a long introduction. i'm going to be briefer here because i think you know these three people very, very well. first of all, there is teresa sullivan who was president and wasn't president and now is pr
it was all the onces you would think that are important, taxes, jobs, out of 12 issues immigration came dead last. it was not a topic for discussion in the election. but, of course, what happened on election night was that more than 70% of latinos voted for president obama. and republicans said that maybe marco rubio is right and maybe we have a problem. i think it is created the possibility for some movement of comprehensive immigration and legislation that will also deal with this more...
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68
Dec 9, 2012
12/12
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president obama talks about tax policy. there were put employers by the previous >> project administration and will expire at the end of the year. then marker rubio gives the address. >> hello, everybody. over the last few weeks, there's been a lot of talk about deadlines we're facing on jobs and taxes and investments. but with so much noise and so many opinions flying around, it can be easy to lose sight of what this debate is really about. it's not about which political party comes out on top, or who wins or loses in washington. it's about making smart decisions that will have a real impact on your lives and the lives of americans all across the country. right now, middle-class tax cuts are set to expire at the end of the year. time is running out. and there are two things that can happen. first, if congress does nothing, every family in america will see their income taxes automatically go up on january 1st. a typical middle-class family of four would get a $2,200 tax hike. that would be bad for families, it would be bad
president obama talks about tax policy. there were put employers by the previous >> project administration and will expire at the end of the year. then marker rubio gives the address. >> hello, everybody. over the last few weeks, there's been a lot of talk about deadlines we're facing on jobs and taxes and investments. but with so much noise and so many opinions flying around, it can be easy to lose sight of what this debate is really about. it's not about which political party...